The new capability is the next step in State Street’s goal to encourage buy-side clients to participate in peer-to-peer trading activities in the securities finance market.
Eurex Clearing expands buy-side sales and relationship management team
Recent rule changes in the US during the past two years have to a major rise in aggregate cleared repo and reverse repo volumes.
The Hudson Fintech repo platform uses ECS architecture to help firms meet the challenges around legacy systems.
Repo trading platform GLMX will now operate as an alternative trading system (ATS) and broker-dealer.
Economic benefit of using CCPs for repo trades should be weighed against need for increased margin, says OFR.